Huaneng Power International (SHA:600011, HKG:0902) has completed the issuance of 3 billion yuan in 88-day debts, according to a Wednesday filing with the Shanghai bourse.
The ultra-short-term bonds carry an issuance rate of 1.30% and represent the 13th tranche of a 170 billion yuan bond program.
Industrial Bank and China Minsheng Banking are the lead underwriters.
Huaneng Power's shares rose nearly 3% in Shanghai and almost 1% in Hong Kong Wednesday morning.
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